Staff accountants and bookkeepers using payroll in QuickBooks can record all of their entries to wages and taxes payable, while also grossing up payroll as infrequently as once a month, quarter, or year. This can be a significant time saver, especially when the month to month reporting is not needed.
However, when reporting on a weekly, monthly or quarterly basis to senior management, bookkeepers may need to record the payroll systematically each and every single pay day. In this article, I will explain how to record payroll in QuickBooks with minimal effort.